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A Game-Theoretic View of International Trade Negotiations: Implications for the Developing Countries

In: Developing Countries and the Global Trading System

Author

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  • John McMillan

Abstract

The chapters in this book propose changing the global trading system, to make it work more in the developing countries’ interests. What would be the consequences for the developing countries of redesigning the global trading system? Before fixing something, one should understand how it works. This chapter uses game theory to try to throw some light on how the global trading system works.

Suggested Citation

  • John McMillan, 1989. "A Game-Theoretic View of International Trade Negotiations: Implications for the Developing Countries," Palgrave Macmillan Books, in: John Whalley (ed.), Developing Countries and the Global Trading System, chapter 2, pages 26-44, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-20417-5_2
    DOI: 10.1007/978-1-349-20417-5_2
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    Citations

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    Cited by:

    1. Robert W. Staiger & Kyle Bagwell, 1999. "An Economic Theory of GATT," American Economic Review, American Economic Association, vol. 89(1), pages 215-248, March.
    2. Kyle Bagwell & Robert W. Staiger, 1996. "Reciprocal Trade Liberalization," Discussion Papers 1150, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    3. Kyle Bagwell & Robert W. Staiger, 2009. "The WTO: Theory and Practice," NBER Working Papers 15445, National Bureau of Economic Research, Inc.
    4. Kyle Bagwell & Chad P. Bown & Robert W. Staiger, 2016. "Is the WTO Passé?," Journal of Economic Literature, American Economic Association, vol. 54(4), pages 1125-1231, December.
    5. Bagwell, Kyle & Staiger, Robert W., 2001. "Reciprocity, non-discrimination and preferential agreements in the multilateral trading system," European Journal of Political Economy, Elsevier, vol. 17(2), pages 281-325, June.
    6. Kyle Bagwell & Robert W. Staiger, 2002. "Economic Theory and the Interpretation of GATT/WTO," The American Economist, Sage Publications, vol. 46(2), pages 3-19, October.
    7. Kyle Bagwell & Robert W. Staiger, 2000. "GATT-Think," NBER Working Papers 8005, National Bureau of Economic Research, Inc.
    8. Staiger, Robert & Bagwell, Kyle & Bown, Chad, 2015. "Is the WTO Passé?," CEPR Discussion Papers 10672, C.E.P.R. Discussion Papers.
    9. Klimenko, Mikhail & Ramey, Garey & Watson, Joel, 2008. "Recurrent trade agreements and the value of external enforcement," Journal of International Economics, Elsevier, vol. 74(2), pages 475-499, March.
    10. Bagwell,K. & Staiger,R.W., 1999. "Multilateral trade negotiations, bilateral opportunism and the rules of GATT," Working papers 6, Wisconsin Madison - Social Systems.
    11. Horn, Henrik & Mavroidis, Petros C., 2001. "Economic and legal aspects of the Most-Favored-Nation clause," European Journal of Political Economy, Elsevier, vol. 17(2), pages 233-279, June.
    12. Buzard, Kristy, 2017. "Self-enforcing trade agreements and lobbying," Journal of International Economics, Elsevier, vol. 108(C), pages 226-242.

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